Pattern details and a trade plan:
Swing identificaiton: prex(5)
B-point: 0.4-0.5XA
C-point: 0.8-0.9AB
Entry(limit order): 0.7XA
Stoploss(stop order): 1.0XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999/01/04 7:00:00
Total patterns found: 39
Number of winners: 20
Average winner: 26.8pips
Probability of win: 51.28%
Average RR: 1.05
R-expectancy: 0.0499
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Pattern details and a trade plan:
Swing identificaiton: prex(5)
B-point: 0.4-0.5XA
C-point: 0.8-0.9AB
Entry(limit order): 0.7XA
Stoploss(stop order): 1.0XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999/01/04 7:00:00
Total patterns found: 39
Number of winners: 20
Average winner: 26.8pips
Probability of win: 51.28%
Average RR: 1.05
R-expectancy: 0.0499